WD-40 Company (NASDAQ:WDFC) will be posting its quarterly earnings results after the market closes on Thursday, October 19th. Analysts expect WD-40 to post earnings of $0.97 per share for the quarter.

WD-40 (NASDAQ:WDFC) last issued its earnings results on Monday, July 10th. The specialty chemicals company reported $1.02 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.91 by $0.11. The business had revenue of $98.20 million during the quarter, compared to analyst estimates of $99.09 million. WD-40 had a return on equity of 39.64% and a net margin of 13.85%. WD-40’s revenue for the quarter was up 1.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.88 earnings per share. On average, analysts expect WD-40 to post $3.68 EPS for the current fiscal year and $3.93 EPS for the next fiscal year.

Shares of WD-40 Company (NASDAQ WDFC) opened at 113.70 on Thursday. The stock has a market cap of $1.59 billion, a price-to-earnings ratio of 30.72 and a beta of 0.72. The firm has a 50-day moving average price of $110.28 and a 200 day moving average price of $107.58. WD-40 Company has a 52 week low of $100.60 and a 52 week high of $119.90.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 31st. Shareholders of record on Friday, October 20th will be paid a $0.49 dividend. This represents a $1.96 dividend on an annualized basis and a yield of 1.72%. The ex-dividend date of this dividend is Thursday, October 19th. WD-40’s payout ratio is 52.97%.

COPYRIGHT VIOLATION NOTICE: This article was originally published by American Banking News and is the property of of American Banking News. If you are reading this article on another publication, it was illegally stolen and republished in violation of United States & international copyright and trademark law. The correct version of this article can be read at https://www.americanbankingnews.com/2017/10/12/wd-40-company-wdfc-scheduled-to-post-earnings-on-thursday.html.

In other news, VP Jay Rembolt sold 676 shares of the business’s stock in a transaction that occurred on Monday, October 9th. The stock was sold at an average price of $112.60, for a total transaction of $76,117.60. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 3.90% of the company’s stock.

A number of analysts have issued reports on the company. Zacks Investment Research raised WD-40 from a “hold” rating to a “buy” rating and set a $121.00 price objective on the stock in a research note on Friday, September 1st. BidaskClub raised WD-40 from a “sell” rating to a “hold” rating in a research note on Saturday, August 26th. Finally, FBR & Co reaffirmed a “marketperform” rating on shares of WD-40 in a research note on Tuesday, July 11th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. WD-40 presently has an average rating of “Hold” and an average target price of $111.75.

WD-40 Company Profile

WD-40 Company is a global company engaged in developing and selling products, which solve problems in workshops, factories and homes. The Company’s segments include the Americas; Europe, Middle East and Africa (EMEA), and Asia-Pacific. The Company’s Americas segment includes the United States, Canada and Latin America.

Earnings History for WD-40 (NASDAQ:WDFC)

Receive News & Ratings for WD-40 Company Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WD-40 Company and related companies with MarketBeat.com's FREE daily email newsletter.